Thread regarding Weatherford International Ltd. layoffs

Do you really think we will lay off 10,000 people?

How crazy is this? I am not saying that the people claiming this are crazy, I am just saying that this would be a major cut that would compromise the very existence of WTF. Nothing can surprise me any more, 2015 will prove to be the year of layoffs, but 10,000 is a bit too much to digest.

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Post ID: @OP+zSg3NXX

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It felt like more than 7,000 last year, there was a ton of anxiety in the air. I thought we were done, look at this mess now. It's nuts.

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Post ID: @JCX+zSg3NXX

No. Last year was targeted to be 7,000, though in reality it was slightly less than that. And of course nobody told HR to stop hiring, so at the end of the day it was even fewer people...

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Post ID: @6iw+zSg3NXX

Haven't we cut 10K last year?

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Post ID: @YKD+zSg3NXX

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